General

KDI cuts 2024 economic growth outlook for S. Korea to 2.5 pct

A major South Korean state-run think tank on Thursday revised down its economic growth outlook for the country this year to 2.5 percent as weak domestic demand is forecast to constrain an export-led recovery.

The latest projection by the Korea Devel…

Mirae Asset Securities Q2 net profit up 42.8 pct to 201.2 bln won

Mirae Asset Securities Co. on Thursday reported its second-quarter net income of 201.2 billion won (US$146 million), up 42.8 percent from a year earlier.

The company said in a regulatory filing that operating profit for the April-June period rose 74…